ALAB max pain

From the closing options book · October 20, 2026 · updated after every close

ALAB's max pain for the October 23, 2026 expiration was 295 at the October 20, 2026 close, +3.6% from ALAB's 284.80 close. Max pain is the price at which option holders' total intrinsic value at expiry would be smallest.

295
Max pain
Oct 23 expiry
284.80
Close
+3.6% to max pain
1.21
Put/call OI
0.55
Put/call volume

ALAB close vs max pain, last 20 sessions

SessionCloseMax painGap
Oct 20284.80295+3.6%
Oct 19286.58295+2.9%
Oct 16285.82300+5.0%
Oct 15301.98322.5+6.8%
Oct 14300.28322.5+7.4%
Oct 13325.41330+1.4%
Oct 12324.11330+1.8%
Oct 9342.21340−0.6%
Oct 8347.05360+3.7%
Oct 7382.25360−5.8%
Oct 6389.80350−10.2%
Oct 5362.34342.5−5.5%
Oct 2350.33335−4.4%
Oct 1356.42352.5−1.1%
Sep 30355.97352.5−1.0%
Sep 29357.84352.5−1.5%
Sep 28351.31350−0.4%
Sep 25364.62330−9.5%
Sep 24360.51332.5−7.8%
Sep 23360.46325−9.8%

The session before, max pain sat at 295.

Open interest within 45 days stood at 14,663 calls and 17,750 puts, a put/call ratio of 1.21. On the day, 2,985 calls and 1,635 puts traded.

Max pain is a property of the open-interest book, not a forecast: price has no obligation to finish there, and on most days it does not. It is most useful as a reference for where the expiring book is balanced.

These are the October 20, 2026 closing numbers. Members see ALAB's map move live all session.

Common questions

What is ALAB's max pain?

295 for the October 23, 2026 expiration, from open interest at the October 20, 2026 close.

What is ALAB's put/call ratio?

By open interest 1.21; by volume 0.55 on October 20, 2026.

Does ALAB close at max pain?

Not reliably. Max pain describes where the expiring options book is balanced; it is a reference level, not a prediction.

Compare: max pain on other tickers

Measured from the closing options book and rebuilt after every close. Nothing on this page is live. Levels are where dealer hedging is concentrated, not targets or forecasts. Not investment advice.